The global sports medicine market will see significant growth through 2021, according to a Market Data Forecast report.
Here are five key points:
1. The market will likely reach $8.4 billion by 2021.
2. The market will grow at a compound annual growth rate of 8.1 percent through 2021.
3. The orthobiologics market will likely be the most promising sector of the sports medicine market, because of a boost in sports injuries' awareness.
4. Although the U.S. dominates the market, the Asia-Pacific market has great potential for growth.
5. Smith & Nephew, Arthrex, össur, Stryker, Conmed, Zimmer Biomet, Breg, Mueller Sports Medicine, Tornier, Skins International Trading, Wright Medical Technology, DePuy Mitek, 3M Company Ace Brand, OttoBock Healthcare and DJO Global represent dominate market players.